From Zacks Investment Research: 2025-04-01 19:30:00

On the first trading day of Q2, markets started in the red but ended higher, with the Dow closing down 0.03%, S&P 500 up 0.38%, and Nasdaq up 0.87%. Tariff announcements from the White House are expected tomorrow, with potential tariffs of 25% on Canadian goods, 10% on Canadian energy, 25% on Mexican goods, and 20% on Chinese imports. Trump administration claims tariffs will generate $600 billion per year over the next decade. Economic data showed a slight decrease in job openings, mixed manufacturing reports, and increased construction spending. Auto sales saw a boost before potential tariffs, with GM up 17% and Ford down 1.3%. Tomorrow, ADP private-sector payrolls and Factory Orders for February are expected.



Read more at Zacks Investment Research: Markets Turn Positive Late, a Day Ahead of Tariffs – April 1, 2025